SBA extends deadline on $100M grant program to help businesses recover from Covid-19

The U.S. Small Business Administration, a federal agency, is now offering low-interest, long-term loans to Ohio businesses and non-profits that are struggling financially because of the coronavirus crisis. (U.S. Small Business Administration)

The Small Business Administration is extending the deadline on a $100 million grant program designed to connect small businesses with SBA assistance and programs.

The ‘Community Navigator Pilot’ Program will offer grants of $1 million to $5 million to eligible organizations to provide counseling, networking and to serve as an informal connection to agency resources to help small businesses recover from the economic devastation wrought by the Covid-19 pandemic.

But the original deadline to apply for these grants was July 12 — which has now been extended to July 23. The agency anticipates making awards under the program in September.

Read the full story on cleveland.com’s sister site, Cleveland Business Journal.

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